Some Traders, Called Specialists, Help to Make a Market in Stocks

question 47

True/False

Some traders, called specialists, help to make a market in stocks by taking the same position as those who want to buy or sell the stock.

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Definitions:

Action in Negligence

A legal claim brought against someone for harm caused by their failure to act as a careful person would under similar circumstances.

Doctrine of Strict Liability

A legal principle holding parties responsible for damages or harms caused by their actions, regardless of fault or intention.

Fault

A legal term often used in negligence cases, referring to responsibility or blame for an accident or misdeed.

Injury

A physical or emotional harm caused by an accident, disease, or deliberate act.